Options for Independent Living Inc. (Options) has applied for and received a HOME Single-Family Housing grant from the Wisconsin Department of Administration, Division of Housing, under the National Affordable Housing Act of 1990, as amended. This grant has been used to establish a Housing Rehabilitation Loan Program to conserve, rehabilitate and improve residential property occupied by low and moderate-income homeowners. This program provides deferred payment no interest loans to low and moderate-income level persons with disabilities and the elderly for the purpose of making accessibility modifications and general home repairs to their owner-occupied home. The loan must be paid when the property is sold, transferred, or ceases to be the borrowerâ€™s principal place of residence. Types of projects eligible to receive a loan include ramp construction, bathroom, kitchen and bedroom modifications, additions and general home repairs. To be eligible for a loan, individuals must meet the following criteria:
Applications are reviewed on a first come first served basis having met all eligibility requirements. Each project must have a minimum cost of $1,000. The limit for each loan may not exceed $30,000.00.
Contact: Steve firstname.lastname@example.org (920) 393-1044